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this weeks and years why is this? >> the economy is doing ok. they're starting to create some jobs. this is pretty good and if you can beat them, you should join them. >> tend to say that you should never get out of the markets but try not to be smarter than them. you should do some type of cap. do not try to outsmart them. >> i feel like this is the gas prices staying. >> gas prices continue to skyrocket. will this affect the markets? >> this is a problem because you have to drive to work and when you go paycheck to paycheck. wal-mart came out and stated that january was a disaster. all this fuelling with congress should go away. >> does this make sense? >> note. it went over my head. >> i'm taking a lot what is the name of the ceo, michael core. i am thinking about my purse. >> another place that i do not shot dead this office max, office depot, or staples. i tend to go to amazon or target for things like paper. >> you and i are roughly the same age. we do not need these huge stores like best buy and office max. they are getting together because they cannot compete with amazon or
first. >> these cuts not smart, they are not fair, they will hurt our economy, they will add hundreds of thousands of americans to the unemployment roles. >> reporter: to replace the cuts, democrats in the senate propose a combination of more tax revenue from top earners, cutting agriculture subsidies and reducing defense spending after the end of combat operations in afghanistan. but house republicans refuse to support any increases in tax revenues. house speaker john boehner released a statement tuesday arguing the problem is government spending. his counterparts in the senate don't deny the consequences of the cuts will be dramatic. >> republicans deserve blame. i'll take some blame for it but the president of the united states is supposed to lead. why doesn't he call people over, and we sit down and prevent the sequestration from happening? the president is calling on congress to pass a temporary respite while negotiations on a long-term solution continue. >> i'm willing to work with anybody to get this job done. none of us will get 100 percent of what we want. >> reporter: the sp
but revenue was light. wal-mart important, because over 70 percent of the u.s. economy is consumer spending and wal-mart accounts for 10 percent of that for the november to january. wal- mart earned $5.6 billion. the new york times announcing that they are putting the boston globe newspaper up for sale. >> if you plan on " we tea tweeting " all-day url, y your tweets just got a little shorter. from now on, any tweet that is sent with a url will be reduced to 118 characters, or 11748 tt ps leaks. the reduction is due to a change in twister's " t-c o lead rapper ". the condensed links now take up a bit more space, leaving you with a little less basic tact commentary. >> coming up on kron 4 morning news, we are just moments away from vice- president joe biden talking gun-control and then barry, connecticut just a few miles away from the sandy hook elementary school shooting. >> the opening bell up on wall street. the dow keeps getting closer to their all- time high of 14,162. it looks like we are going to go and little bit lower in trading. we will have more on the markets with rob black. >> i
blend they use that is why the price has dropped. experts say because the economy is slowly getting better that means demand is increasing. prices also go up because of that. james, i don't think people care why they're going up they want to know if they're going down. we plan to tracking with a triple a represents the latest money to get their take on this. no doubt prices are climbing across the bay area. >> you are right. they do not care why. they are going up so early in the year makes us nervous about prices this summer. might that you this summ >> things are back to normal this morning on a berkeley street after police standoff shut down the area. police arrau the residents of the 1600 block of addison street where a man believed to be armed with a handgun, was holed up inside around 7 last night. police say the standoff started when they responded to a recall of a loud argument between two people and the 2200 block of san pablo ave. one person in connection with the argument has been arrested. his plea to be the gunman brother. at some point during the incident, a shot was f
for information to come out on housing and manufacturing that will provide some clues how the american economy is holding up. the markets are closed today in honor of presidents day. the housing index will come out this week, housing starts, building personal its, and existing home sales, also u.s. manufacturing will be in focus, just as the dow is holding below the 14,000 mark. >>> and in england, bbc reporters walking off the job for 42 hours to protest job cuts. the union saying poor decision- making by bbc leadership is leading to quality journalism being compromised. now some 2,000 more jobs are at risk, after 7,000 have been cut. >>> and makers mark bourbon won't be watered down at all. the move was to help keep up with global demand by stretching thefully supply, but after hearing the outrage, the maker said today they will resume full strength bourbon production, so it will stay 90 proof. they were considering cutting it to 84 proof. >>> we'll be back in a couple of americans with more on this holiday, presidents day. look at the bay bridge approach. gold 0en gate has been the same. it
are worried about a slowdown in europe's economy and signs that the federal reserve might curtail its bond buying program. >> traffic on the set mateo bridge has increased in both directions. 46 and 7 tail. looking for [ crickets chirping ] [ traffic passing ] ♪ [ music box: lullaby ] [ man on tv, indistinct ] ♪ [ lullaby continues ] [ baby coos ] [ man announcing ] millions are still exposed to the dangers... of secondhand smoke... and some of them can't do anything about it. ♪ [ continues ] [ gasping ] througet a sealy queen set $500 on befor just $399.osturepedic. even get 3 years interest-free financing on tempur-pedic. but hurry, sleep train's presidents' day sale ends sunday. i'my body doesn't work the way it used to. pastpa my prime? i'm a victim of a slowing metabolism? i doi n't think so. new grw eat grains protein blend. proteiotn from natural ingredients like skeeeds and nuts. it hitelps support a healthy metabolism. new greagrt grains protein blend. >> welcome back to the kron 4 morning news. the storm arrived in northern california with a vengeance. roads shutdown. >> hi
, they are not fair, they will hurt our economy, they will add hundreds of thousands of americans to the unemployment roles. >> reporter:to replace the cuts, democrats in the senate propose a combination of more tax revenue from top subsidies and reducing defense spending after the afghanistan. to support any increases in tax revenues. house speaker john boehner released a statement tuesday arguing the problem is his counterparts in the senate don't deny the consequences of the cuts will be dramatic. >> republicans deserve blame. i'll take some blame for it but the president of the united states is supposed to lead. why doesn't he call people over, and we sit down and prevent the sequestration from happening? >> reporter:the president is calling on congress to pass a temporary respite while negotiations on a long-term solution >> i'm willing to work with anybody to get this job done. none of us will get >> reporter:the spending cuts were mandated by a 2011 agreement to raise the federal debt ceiling. the idea behind the cuts was to force congress intoobama says in a statement that the general is reti
community in this week's clipped in. >>> it is the importance of tech to the economy, it got it during the state of the union address. >> a shut erred warehouse is a state-of-the-art lab where new workers are mastering 3-d printing that has the way to revolutionize how we make everything. >> new thinking is that you do not have to go west to get your idea. >> no longer do you have to say silicon valley is the only place i can go. if i have a start-up dream. >> that's one of the principles behind 1776, which will soon occupy this space in washington, d. c., far from silicon valley. >> every city in america was built by entrepreneurs. >> reporter: the goal is to bring young companies together in a campus and create a community along them and help them find ways to maximize the city around them rather than leave home base. >> silicon valley has awesome assets that are unique to that ecosystem. we have assets that are you -- unique to our ecosystem. >> reporter: it is a concept entrepreneurs can apply to any city. >>> the giants name their opening day starter. plus more on the cal coach th
and manufacturing delays this week, which will provide clues on how the economy is holding up. >> we will be back with ♪ i -- i got it, i got it made ♪ i got it made, i got it made ♪ i got it made ♪ fresh at subway ♪ breakfast made the way i say [ male announcer ] at subway, you got breakfast made. like an under 200 calorie steak egg white & cheese. subway. eat fresh. >> welcome back, the time is 5:30 a.m.. >> big stories we're following right now. police have made an arrest and the deaths of three men who were found shot in a row sonoma county earlier this month. this is video from our helicopter partnership with abc 7 news. 46 year-old mark william capello was arrested in alabama on valentine's day. >> we are learning more about the man wanted for an attempted rape in the u. s. c. santa cruz campus. a sketch of his description has now been released. the victim was a badly bruised and spent the night in the hospital. >> we're also watching bay area weather. here is a look from the golden gate bridge. >> we are same moderate to heavy rain for the north bay. it is now in the east bay com
. >> these cuts are not smart they're not fair that will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. >> democrats in the senate proposed a combination of more tax revenue from top honors. cutting agricultural subsidies and reducing defense spending after combat operations in afghanistan. >> house republicans refused to report any increases in tax revenues. >> the house speaker released a statement today the problem is government spending. don't deny the consequence of the cuts will be dramatic that is what is counter. >> why does the nine states knock of people over and prevent this quest from happening. >> the president is collin o calling on congress. >> i am willing to work with anybody to get this job done. none of us will give 100 percent of what we want. >> spending cuts were mandated by 2011 agreement to raise the debt ceiling. >> the idea behind the cuts would force congress to come together behind a comprehensive deficit reduction plan. so far that plan has backfired. >> i am tory dunnan kron 4 news. >> after a month of striking, new y
. inflation is starting to pick up people are also sang the economy looks good something will happen. we did not see the government going to heck in a handbasket. we are not fearful. gold is a play on fear. if you are wealthy gold is a nice hedge to inflation. it does not earn more money. >> for those who are predicting doom and gloom i do not buy into the gold argument. for long term hedge against your wealth yes it is a hard asset. >> if you have a question for rob send it to his facebook fan page and we will answer it. >> live outside here in san francisco look at the blue sky. it looks pretty but it is filling cold. here is a look at our forecast erica. >> good morning. we have made significant improvement. we were talking opportunities for the north and analysis morning. today we have made improvements in the past couple of hours. 41 in livermore. we came in at 33 at couple of hours ago. 46 current 50 and oakland. following the numbers throughout the day futurecast 4 highlights 12:00. the blue on your screen indicates to beaches in the '50s. we will gain a couple of degrees in to t
. anxious, and people are thinking that the economy is improving. so there is no fear. the stock market goes higher. and also, the 10 year treasury. with just a 2%. infiltration expectations and gold has fallen apart recently. it is a good hedge for wealthy people but the average consumer should not purchase. . and you are able to put any of your questions to rob black. >> veto autopsy results are out. and they confirm country music singer mindy mccready's death was a suicide. been one gunshot wound to the head. this was at least her fourthmccready's boyfriend and the father of her youngest son - david wilson is believed to same porch of the home they shared. the troubled singer was in the middle of what he called a "perfect storm." besides her boyfriend dying on the same porch five weeks ago, the friend says mccready was afraid of losing her children. the day before she committed suicide, her friend says family services was proposing her kids move to florida with her mother. and a reminder, you can catch all your entertainment news, right here on kron-4. o-m-g insider starts at seven, follo
address, obama says that the so- called sequester will slow the economy and heard the middle class. >> even president bus says that these cuts will set back medical science. already these cuts have forced the navy to delay our avila baavailability across. alt 8000 employees in miami, cleveland combined will be forced to take unpaid leaves of absences. >> the president says that he wants a balanced plan to deal with the deficit that makes the spending cuts with more revenue. >> coming up on kron 4 news weekend. the department of justice joins a growing lawsuit against lance armstrong. we will have that report coming up. but first, let's take a live look outside at the san mateo bridge. >> we are back. we are talking weather. here is a live look outside and san jose. >> this is certainly a different look. there are bright blue skies outside. san francisco is currently in the upper 40's. it is already in the '50s and oakland. about 47 degrees in santa rosa. by 10:00 a.m. we will see a widespread a 50s indicated by the light blue cover on your screen. the green on the screen indicates
Search Results 0 to 12 of about 13